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IN THIS ISSUE: 
Personal Money Planning's Newsletter
May 16, 2015
Gary Silverman, CFPHowdy!

Thanks for checking in with our newsletter. Here in Wichita Falls, we are seeing record rainfall, and it is certainly a blessing. Our lake levels are higher than they have been in four years!

In this issue, we share a bit about world leaders and their salaries, the newly enhanced Monthly Market Monitor, and information from the Dallas Fed regarding the impact of lower oil prices on the Texas economy. As always, we've included links to my recent articles.
  
Have a great week!

Gary Silverman, CFP®
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Government leaders and leading salaries
money_parachute.jpg

You probably know that the U.S. President makes $400,000 a year in salary.  But do you know how that stacks up with elected leaders in the rest of the world?

 

According to statistics compiled by Statistica.com, the U.S. President is actually pretty well-paid, earning more than Canadian Prime Minister Stephen Harper ($260,000), German leader Angela Merkel ($234,000), South African President Jacob Zuma ($223,500) and Russian President Vladimir Putin ($136,000). 

 

One leader outpaces everybody, however.  Former Singapore Prime Minister lee Hsien Loong earns more than the combined annual wage of the leaders of France, Germany, Italy, Japan and the United Kingdom. 

 

But to put all of this into perspective, the average Wall Street salary came to $356,000 last year, plus bonuses averaging $175,000.  Morgan Stanley's top executive, James Gorman, took home $22.5 million. 

 
Articles
Gary's Latest Articles
From the Times Record News
 Voya report highlights inconsistencies 
Although many retirees feel confident about their retirement planning, their actions tell another story. Read more...

What the role models do
It takes a bit of work, but those who feel the most comfortable about their retirement feel it's worth it. Read more...
Money101
Money 101:
Monthly Market Monitor
tiny-business-people.jpg The Eaton Vance Monthly Market Monitor now has more information, including links to in-depth discussions about the charts in the "Trends and Takeaways" section as well as more valuation analyses,
performance comparisons and deep dives on equity, fixed income and alternative asset classes. Enjoy! Click here...
Final
ICYMI (In case you missed it)
 Wondering how the collapse in oil prices has affected Texas employment? Here's a short Dallas Fed video examining a negative shift in Texas job growth. We often share information like this on our Facebook page.
Texas Economic Update
Texas Economic Update
QUICK LINKS

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